The introduction of mandatory e-invoicing requires German companies to begin the digital transformation of their accounting. There's a lot to consider, as invoice creation must be correct and complete from the start.
The platform Meine e-Rechnung supports you from the beginning! Avoid annoying penalties and fines! Because missing or late invoicing can result in fines of up to 5,000 euros according to § 14 Abs. 2 Satz 1 Nr. 1 UStG.
Meine e-Rechnung ensures that e-invoicing doesn't end up as a tedious obligation, but becomes an opportunity for your business success.
But what
Information is necessary for your e-invoice
The Value Added Tax Act stipulates that every invoice over 250 euros must contain all essential information. Most important are the contact details: The full name and address of both the deliverer and the recipient of the service must be clearly identifiable.
Caution with "c/o" addresses!
The actual recipient of the service must be fully recorded with all their data.
Because:
Unique identification is mandatory!
To carry out the input tax deduction in compliance with GoBD, it is essential to provide the tax number and/or the VAT identification number (VAT ID No.). For reverse-charge transactions within the EU, for example, the VAT ID No. of the service recipient is mandatory. To guarantee your compliance, Meine e-Rechnung ensures unique assignment and protects you from avoidable and expensive errors, i.e., penalties.
The platform offers a convenient system for quick product recording (See blog). This makes you secure for a consistent:
Transparent information presentation
As you know, an invoice must have an issue date and a consecutive invoice number... This also applies to e-invoices. They must precisely describe the services rendered or the goods delivered. So with a clear quantity description including usual trade description or a clear definition of the service. Of course, the time of delivery or service provision must must be included.
Only in this way can accurate:
Amount details secure your input tax deduction
Naturally, the financial details are particularly important. Meine e-Rechnung makes it very simple here too. For this, you only need to set the respective VAT rate once or break it down according to different tax rates. The same applies to agreed discounts or cash discounts!
The result:The Invoice amount and the VAT due on it are clearly visible.
This is what Meine e-Rechnung does for you
When you use our platform for your accounting, you ensure that all mandatory information is clearly and neatly arranged. This way, your invoices are created on time and in compliance with the law.
So that you:
- Save time
- Work more efficiently
- Reduce manual entry errors
- Increase your "cash flow" through more efficient e-invoicing
- Secure your input tax deduction and
- Better protect yourself from costly fines
With Meine e-Rechnung, you create legally compliant e-invoices that meet all requirements. Remember: The digitization of your invoicing system is an opportunity and becomes a success factor for your company through Meine e-Rechnung.